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Friday, 15 July 2016

The French Tech Ticket program startup competition is back

Launch your startup in France: The French Tech Ticket startup competition is back for its second edition. The expanded program has slots for 70 startups, up from 23 last year, offering the chance to join one of France’s top 41 incubators. Applications are open until 24 August. Winners get an EUR 45k grant per project, fast-tracked residence permits for team members and their families, and a “soft landing pack” to help you relocate easily to France. They will also get a 12-month incubation period from January 2017 as well as tailored acceleration program. Who is eligible? Startups in the creation or growth phase founded by 2-3 people, with a maximum of one French national on board. The entire program will be in English and teams must be ready to live in France for a year and devote 100% of their time to their business.

…One of the 23 winners of last year’s competition was Egypt’s dairy farm management technology solutions company Farminal, founded by Waleed Sorour. Our friends at the Economic Department of the French Embassy in Cairo also told us that Egypt was in the top five globally in terms of the number of applications submitted and are hoping that even more members of Egypt’s “fascinating entrepreneurial scene” apply this year. Also in the top five: The United States, India, Russia and Brazil.

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